There seems to be a lot of problems all around the globe at the moment. If you watch the news you’ll know donations can change many lives. Unfortunately, it’s not always easy to give your money away in case you get into any financial difficulties.
You can donate more in the future if it’s something you’re passionate about, but you’ll need to approach it the right way. You’ll have to start saving extra money going forwards. Let’s look at a few simple ways you’ll be able to do it.
You Can Change Your Energy Provider
Take a look at your statements to see how much your electricity rates are at the moment. If you’ve not checked in a while you might be shooting yourself in the foot. Most people just pay their bills when they come in.
They don’t realize companies are competing with each other and it’s easy to find better deals. You just need to spend a little time looking for them. Don’t be afraid to change providers if it’s in your best interests.
Start Using Less Energy When At Home
Let’s say you’ve looked at all the deals and you’re convinced you have the best one. You’ll still be able to save lots of money every month if you’re smart. For example, do you even know what phantom energy is?
It’s the electricity you waste when your electronics are sitting on standby. They will still waste energy no matter what anyone tells you. The only way to save money is to ensure everything is unplugged.
Record Your Expenses On Your Smartphone
Did you know there are a few fantastic apps that let you record every penny you spend? It will only waste a few minutes of your day, but the results will be worth it. You’ll be surprised by how much you actually spend.
A magical thing happens when you see the money adding up on your screen. You’ll stop making impulsive purchases you would have made automatically in the past. Your money will only go towards the important things.
Pay Yourself Before Doing Anything Else
There is another trick similar to the last one we talked about. All you need to do is pay yourself at the start of the month before spending anything. Put a system in place so a certain amount of cash is transferred into a different account.
Ignore your second account and you’ll forget it exists. You won’t be tempted to waste money at the end of the month because it will be hidden away. It’s impossible to buy useless things when your wallet is empty.
It’s Easy To Generate A New Income Stream
Maybe you don’t have a lot of money left once you’ve been paid, but you can generate a new income stream. There are a couple of easy ways you can do it. The first way is to start an online business.
Even if you don’t make millions it’s still simple to earn a bit extra every month. You can also focus on using what you have to make money. Lots of homeowners with extra rooms are having success with Airbnb.
Cycle When You’re Traveling Short Distances
Getting rid of your car would be a little extreme. If you own one you’ll still have to pay for things like insurance. The only simple way to save extra every month is by limiting the amount of money you spend on gas.
Your total bill for the year is likely higher than you think. A lot of the fuel will be wasted driving short distances. You should cycle whenever possible from now on to improve your health and bank balance at the same time.
It’s Definitely Worth The Effort
I’m sure you’d be able to survive if you didn’t change a thing, but think about all the people you’ll be helping by donating more often. It will have a major impact on many lives over the years.